Student loans, business debt, credit cards, you name it.Would it make sense to spend a bit more on the reno and sell each unit as a condo?

Even after college, be frugal, live like a college student still, house hack, invest the money earned rather than spending on shiny objects.

Bought it for 56k; paid off student loan and car debt.

I have an opportunity to purchase a SFH in the Boise area which will be used as student rental. 

@Mian RizwanActually people in certain professions and people above certain thresholds of income or credit score do get these solicitations all the timeOften, but not always, the rates quoted are introductory rates and may be good for 6 months - 18 months.Years ago I received an offer for ‘up to $200,000’ signature line of credit at a very attractive rate.

I have another profession so don't want to have a f/t career in RE per se, but my husband and I have almost completed our first flip in Memphis and I would like to use it in our business and maybe work other deals. 

@Glenn Jubildo - On top of everyone else’s concerns, that I feel are very valid,  before you purchase a 4-5 bedroom home that you plan to use as student housing, you may want to look into 1) whether or not it is legal to rent to 4 or more unrelated adults in your market (in mine it is not) and 2) if you will be able to find a property manager willing to take on student rentals. 

I started investing in student rentals 3 years ago to escape the 9-5 at the age of 33. 

I have 8 units 1 mile out from the university student center and on the edge of what might be described as "the hood."

I value the inspectors work and insight it's his profession for the last 20 years or more, and he's not biased and no conflict of interest on the property.